Copa Holdings Announces Monthly Traffic Statistics for April 2014 - NBC12.com - Richmond, VA News

Copa Holdings Announces Monthly Traffic Statistics for April 2014

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SOURCE Copa Holdings, S.A.

PANAMA CITY, May 13, 2014 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for April 2014:

Operating Data

April

April

% Change

YTD

YTD

% Change

2014

2013

(YOY)

2014

2013

(YOY)

Copa Holdings  (Consolidated)







  ASM (mm) (1)

1,645.6

1,522.5

8.1%

6,660.4

6,112.5

9.0%

  RPM (mm) (2)

1,260.3

1,120.5

12.5%

5,177.1

4,649.7

11.3%

  Load Factor (3)

76.6%

73.6%

3.0p.p.

77.7%

76.1%

1.7p.p.

International Service 







  ASM (mm) (1)

1,619.1

1,464.5

10.6%

6,495.0

5,886.6

10.3%

  RPM (mm) (2)

1,240.6

1,080.6

14.8%

5,047.9

4,480.0

12.7%

  Load Factor (3)

76.6%

73.8%

2.8p.p.

77.7%

76.1%

1.6p.p.

Domestic Service







  ASM (mm) (1)

26.5

58.0

-54.3%

165.5

225.9

-26.8%

  RPM (mm) (2)

19.7

39.8

-50.6%

129.1

169.7

-23.9%

  Load Factor (3)

74.3%

68.7%

5.6p.p.

78.0%

75.1%

2.9p.p.

1.  Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.

2.  Revenue passenger miles - represents the numbers of miles flown by revenue passengers

3.  Load factor  - represents the percentage of aircraft seating capacity that is actually utilized

For the month of April 2014, Copa Holdings' system-wide passenger traffic (RPM) increased 12.5% year over year, while capacity increased 8.1%.  As a result, system load factor for April 2014 was 76.6%, a 3.0 percentage point increase when compared to April 2013.

International passenger traffic grew 14.8%, while capacity increased 10.6%.  This resulted in a load factor of 76.6%, a 2.8 percentage point increase when compared to April 2013.  For the month, International capacity represented 98.4% of total capacity.

Domestic traffic, represented wholly by Colombian domestic service, decreased 50.6%, while capacity decreased 54.3%.  As a result, domestic load factor for the month increased 5.6 percentage points to 74.3%.  For the month, domestic capacity represented 1.6% of total capacity.

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 66 destinations in 29 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 92 aircraft: 66 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.

CPA-G

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